Pay at the online casino with your mobile phone
What has long been widespread in China takes a little longer to prevail in dollar pairs: paying by smartphone, which has NFC (near field communication) technology. So "Pay by Phone" works similar to contactless bank cards via an app, which you either top up with money beforehand or link directly to a bank account or similar account.
The big advantages are that a money transfer takes place almost immediately or at least within a few minutes. This is important for many players, because often a bonus is tied to the deposit, which of course you want to get credited as soon as possible, so that you can continue with the bet or game adventure. In addition, the process is very simple: just hold the mobile phone to a reader (or type in the phone number at an online casino or bookmaker) and enter a PIN, and the deposit will be charged to you at the next mobile phone bill. Isn't that convenient?
The only disadvantages: the mobile phone must have a battery and your personal data may be collected by the provider of the app. Also, withdrawals are usually not possible in this way.
Debit and credit cards
Depositing with credit cards such as Visa, Mastercard, Maestro or debit cards has a certain ancient image, as this has been around for much longer than e-wallets and mobile payments. Especially for many older people, who may not always keep up to date with the latest developments, this type of transaction therefore seems particularly safe and serious. Again, the deposit is credited almost immediately to your player account in the online casino or at the bookmaker. Data usually remains encrypted, as both the online casinos and the credit card companies are subject to strict privacy policies.
A withdrawal is almost always also possible by credit card, but usually takes a few days, which is perceived by many customers as too long. Many players also dislike the fact that they borrow a loan from the bank every month for their online casino deposits, so to speak, which they then have to repay again.
Immediate transfer
SOFORT GmbH introduced this payment method in New Zealand a few years ago and is quite successful with it. In principle, the transfer works like a normal bank transfer, which is carried out via online banking – only, as the name suggests, immediately. This has a rather confidence-inspiring effect on many players who might otherwise have opted for a normal bank transfer or a credit card deposit. All you need is an online banking account at the bank where you have your normal account, you have to log in there and confirm the transaction with PIN or TAN. This method applies only to deposits and is extremely safe.
The disadvantages are the facts that withdrawals via Sofort transfer are not possible and that you must have access to the online banking of a normal bank account. Some banks still do not offer this, and creating a TAN with a TAN generator is also invented by many customers as impractical, even if it increases security.
E-Wallets
E-wallets are, as the name suggests, virtual wallets. There are many different providers of e-wallet services, the most famous in the New Zealand-speaking area are PayPal, Skrill and Neteller. If you want to deposit an amount in this way, you need an account with one of these providers. You can either top up this account with credit in prepaid style or link it directly to a credit card or a bank account by account number – often both work in combination. You can also deposit into the e-wallets with cryptocurrencies such as Bitcoin.
E-wallets are considered super fast, secure and practical, especially for international online payments and transactions, as the common currencies such as Eur, GBP and USD (dollar, Great Britain Pound, United States Dollar) can be easily exchanged. Due to the fact that the transfer takes place via a third party provider, sensitive data such as account number are hidden and many customers like this anonymous character of the e-wallets.
Paysafecard
Paysafecard is also considered a fairly anonymous payment method, which attracts a large community of customers, because it is considered so secure. Accordingly, Paysafecard is also widely recognized as a means of payment and the physical cards are simple and easy to purchase with cash in thousands of branches, in different sizes as needed. Each card has a unique sixteen–digit PIN that you enter during the deposit process - and usually the balance is displayed on the casino account within a few moments. A Paysafecard works like a universal cash voucher that can be redeemed online.
Even with Paysafecard, only deposits and no withdrawals are possible, but a transaction not only works safely, but also very quickly. In addition, depositing with Paysafecard is probably the most anonymous method available – no names or account numbers are stored or transmitted. Only depositing with cash would be more anonymous, but this is not possible in online casinos or with an online bookmaker after all.
